Assam Govt Re-starts Education Loan Subsidy Programme

Applications have been invited by September 20 from those who want to avail the Rs 50,000 subsidy under the programme
Assam Govt Re-starts Education Loan Subsidy Programme
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Guwahati: Assam Education Minister Himanta Biswa Sarma today said people who wants to benefit from the education loan subsidy programme of the government to apply before September 20.

The programme under which Rs 50,000 of the loan amount is borne by the government, was put on hold due to COVID. Government is now re-starting the programme, the minister said addressing a press conference here.

"Already 1,545 people have been given this subsidy. We have 5,547 applications which have been approved. Those who have not applied but wants to avail the facility can now apply by logging in to www.assamfinanceloans.in. Funds would be released between October 7-10. Applications have to reach up before September 20," the minster said.

Rs 25 crore has been kept aside for the programme.

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